The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
History
The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
Railroads -- United States -- Periodicals
Locomotives, number | 57,220| 97.0 | 55.9
Locomotives, weight (tons) | 4,158,000| 258.0 | 113.7
| | |
Passenger cars (number) | 46,026| 87.2 | 35.9
| | |
Freight cars, number | 2,113,450| 154.6 | 63.1
Freight cars, capacity (tons) | 73,126,370| 340.5 | 109.0
| | |
Average tons in train | 388| 116.9 | 59.6
| | |
Employes, number | 1,524,000| 116.2 | 64.0
Employes, compensation |$1,003,270,000| 157.4 | 91.8
Proportion of gross earnings | 41.00| 1.4 | 3.0
Proportion of operating expenses | 62.10| 2.7 | 1.7
| | |
Taxes | $91,280,000| 230.8 | 96.9
Per mile of line | 390| 116.6 | 57.9
Proportion of gross earnings | 3.73| 30.4 | 5.6
------------------------------------+--------------+--------+--------
There is not a line or figure of this table, with its percentages
of increase, that does not testify at once to the amazing growth of
American railways and to the equally amazing economical basis upon
which they render incalculable services to the American people on
terms that challenge the admiration of less favored peoples.
REVIEW OF THE LAST THREE CALENDAR YEARS.
Where the Twenty-second Annual Report of the Interstate Commerce
Commission minimized the loss inflicted on the railways by the
business depression of 1908, the Twenty-third Annual Report
naturally, and by reason of the same cause, minimizes the substantial
recovery of 1909. Where the former showed a loss in gross earnings of
only $164,464,941 below the preceding year, when the actual result
of the depression was nearly $300,000,000 ($298,457,576), the latter
shows a recovery of only $21,770,228, when it was approximately
$282,000,000 ($281,934,932).
The explanation of this discrepancy is, of course, the Commission's
adherence to its own fiscal periods of statistics, which do not
happen, in this instance, to coincide with the ebb and flow of
adversity and prosperity. The true movement of railway traffic
before, during and after the recent business depression is more
nearly reflected in the following figures for the calendar years
1907, 1908 and 1909, compiled from the monthly returns to the
Interstate Commerce Commission, divided into periods of six months:
SUMMARY OF GROSS EARNINGS OF THE RAILWAYS DURING THE CALENDAR YEARS
1907, 1908 AND 1909, BY MONTHS AND HALF-YEARLY DIVISIONS.
Public-domain text, read in full here on John Shaqi.
The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year — John Shaqi
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